A STOCHASTIC PROGRAMMING ANALYSIS OF THE FARM LEVEL IMPLICATIONS OF SOIL EROSION CONTROL
Eduardo Segarra (),
Randall Kramer () and
Southern Journal of Agricultural Economics, 1985, vol. 17, issue 2, 8
This paper analyzes the effects of uncertain soil loss in farm planning models. A disaggregated approach was used because of an interest in examining the impact of probabilistic soil loss constraints on farm level decision-making. A stochastic programming model was used to consider different levels of probability of soil loss. Traditional methods of analysis are shown to consistently overestimate net returns.
Keywords: Farm; Management (search for similar items in EconPapers)
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Journal Article: A Stochastic Programming Analysis of the Farm Level Implications of Soil Erosion Control (1985)
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Persistent link: https://EconPapers.repec.org/RePEc:ags:sojoae:29971
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